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Bruce & Tara Harris
Licenced Real Estate Broker- Realtor®
Samuels Realty & Investments
Saint Petersburg, FL 33707
Phone: 727. 804.8696  
Fax:       727.498.5758
 

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What is a Short Sale

What is a Short Sale ?

For homeowners who can no longer afford to keep mortgage payments current and the home is not worth what you owe then there are alternatives to bankruptcy and foreclosure. One of options is called a "short sale." 

Since 2008 over half of our sales were short sales. It is becoming more common than a traditional sale. 

When lenders agree to do a short sale in real estate, it means the lender is accepting less than the total amount due. Not all lenders will accept short sales or discounted payoffs. Also not all sellers or properties qualify for short sales. That is why it is so important to contact a real estate broker who is well versed in short sales. The Harris Real Estate Team's success rate is extremely high with selling homes in a short sale situation. If you would like more information to see if your situation would qualify for a short sale please email info@HarrisRealEstateTeam.com or call 727-384-8272 and a short sale specialist will contact you. Remember this is at no cost to you, the bank absorbs the cost to sell the property. Meaning there is no charge to you to seek our representation and then you will have someone working directly for your best interest.